(Source: Wikipedia, Author Merlin Senger, licensed under GFDL)Īside from being the largest seaport in all of Germany and the third-largest in Europe, it's also Europe's largest railway hub for transporting freight/goods. The port was founded officially back in 1189, but it hasn't been possible to invest in the company (at least not for consumers and institutions) until 2007. The port itself has a long history - three times as long as the history of the United States, as a matter of fact. What's more, goods freighted to Hamburg don't need to be driven or relocated for transport to large parts of Germany, but can immediately be taken to cities like Bremen, Hannover, Berlin within less than 2-4 hours - which again, is quite a big deal. This sort of access is quite a big deal because for those of you that don't know, Hamburg isn't a port that's adjacent to the ocean - or even all that close - from the mouth of the Elbe down to the port, it's roughly 100 km, more than twice the distance of other European ports such as Antwerpen or Rotterdam. The access to the port is the river Elbe ,which requires a depth of 13-14 meters to be able to accommodate all types of ships accessing the port. The port is a tidal port, which means that every class of vessel, including the very largest, called the Megamax-24 class, can dock during certain hours in the day, a class holding more than 24,000 containers worth of bulk. The Hamburg port is a sprawling complex covering many square miles - over 7,200 hectares, and it handles large portions of all goods coming from Asia and across the Atlantic. It should essentially be seen as a logistics/communication company, though there's a fair share of real estate included in the portfolio as well - both inside and outside the company. So, as mentioned, we're looking at a port company. Hamburger Hafen und Logistik Aktiengesellschaft - What does the company do? Let me show you why I think that may be a good idea. Investing in HHFA is essentially investing in the Hamburg Port. It is the company managing the port and the various properties and portions of and outside of the port. Hamburger Hafen und Logistik Aktiengesellschaft ( OTCPK:HHULY), domestically listed under ticker HHFA in Stuttgart, ISIN DE000A0S8488. Today I'm presenting you with a new idea - the Hamburg Port. While writing about many US stocks, I try to make it a point to also write about an equal number, or at least an appealing number of European investment potentials - both in terms of updating existing thesis as well as presenting you with new ideas.
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